France: Cigars And Cigarillos Market 2024

Cigars And Cigarillos Market Size in France

The French cigars and cigarillos market dropped slightly to $X in 2022, waning by -2.9% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Cigars And Cigarillos Production in France

In value terms, cigars and cigarillos production shrank modestly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 30% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Cigars And Cigarillos Exports

Exports from France

In 2022, overseas shipments of cigars, cheroots and cigarillos increased by 27% to X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2013 when exports increased by 38%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cigars and cigarillos exports soared to $X in 2022. Overall, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Switzerland (X tons) and Hong Kong SAR (X tons) were the main destinations of cigars and cigarillos exports from France, with a combined 58% share of total exports. Romania, Italy, Belgium, Austria, Andorra, Greece and the Czech Republic lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +89.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cigars and cigarillos exported from France were Germany ($X), Switzerland ($X) and Hong Kong SAR ($X), with a combined 56% share of total exports.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +62.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average cigars and cigarillos export price amounted to $X per ton, increasing by 27% against the previous year. In general, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cigars And Cigarillos Imports

Imports into France

In 2022, purchases abroad of cigars, cheroots and cigarillos decreased by -5% to X tons, falling for the fourth consecutive year after two years of growth. In general, imports showed a perceptible setback. The growth pace was the most rapid in 2018 with an increase of 62%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, cigars and cigarillos imports contracted to $X in 2022. Over the period under review, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 15% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of cigars and cigarillos imports to France, together comprising 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +3.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) constituted the largest supplier of cigars, cheroots and cigarillos to France, comprising 49% of total imports. The second position in the ranking was taken by Germany ($X), with a 22% share of total imports. It was followed by Belgium, with a 20% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to -5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.7% per year) and Belgium (-4.8% per year).

Import Prices by Country

The average cigars and cigarillos import price stood at $X per ton in 2022, declining by -7.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 52% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cuba ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cuba (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :